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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804Read More...U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...
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Are Massive Xbox One 'Titanfall' Sales To Blame For Xbox 360 Game Delay?
Wednesday, March 19, 2014 - 3:01pm | 486Read More...The Xbox 360 version of Titanfall, the highly anticipated first-person shooter from Electronic Arts (NASDAQ: EA), has been delayed again. The game was originally scheduled to ship alongside its Xbox One and PC counterparts on Tuesday, March 11. EA initially delayed the Xbox 360 edition until March...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Weekly Highlights: iOS 8 Maps Strike Back, Dreaming Of Tim Cook's Retirement And More
Sunday, March 16, 2014 - 3:43pm | 242Read More...Depending on who you are and what you love, this may not have seemed like an overly eventful week. After all -- if you don't love Twitter (NYSE: TWTR), you may not have cared that it went down. But if you do love the social network, this week might have seemed like a nightmare. The same could be...
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311Read More...U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Bank Of America: Buy Activision Blizzard Over Electronic Arts
Thursday, March 13, 2014 - 3:49pm | 355Read More...Justin Post, research analyst at Bank of America issued a research note on Thursday in which he favors Activision Blizzard (NASDAQ: ATVI) over Electronic Arts (NASDAQ: EA) on the belief that Activision will have more “title excitement” over the next few months. Electronic Arts recently released...
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Groupon, Zynga Buck Social Media Short Interest (GRPN, LNKD, ZNGA)
Thursday, March 13, 2014 - 9:44am | 899Read More...Late February saw declining interest by short sellers in several social media companies based in the United States. However, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Zynga (NASDAQ: ZNGA) bucked that trend. The number of shares short in eBay, Pandora Media and Yelp shrank by double-...
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Is Electronic Arts Serious About Virtual Reality Gaming?
Tuesday, March 11, 2014 - 2:01pm | 502Read More...Electronic Arts (NASDAQ: EA) CEO Andrew Wilson recently indicated that his company is experimenting with virtual reality. Wilson discussed the topic during a video games panel at the annual SXSW event. His comments could be dismissed as a PR push for his company's newest game, Titanfall....
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More Big Moves In Social Media Short Interest (LNKD, TWTR, ZNGA)
Friday, February 28, 2014 - 8:22am | 824Read More...Early February saw resumed interest by short sellers in several social media companies based in the United States, particularly LinkedIn (NYSE: LNKD), Twitter (NYSE: TWTR) and Zynga (NASDAQ: ZNGA). The number of shares short in Facebook, Groupon, Shutterfly and Yelp also rose by double-digit...
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Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952Read More...U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
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Will Investors Stick With Glu Mobile?
Friday, February 7, 2014 - 2:47pm | 487Read More...After delivering better than expected 4Q earnings on Wednesday of $0.07 vs. $0.00, Glu Mobile (NASDAQ: GLUU) shares have rallied nearly 30 percent to trade at $5.05. In addition to the earning surprise, the company increased its FY2014 guidance from EPS to $0.00-$0.02 vs. $(0.05). Also, GLUU...
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Market Wrap For January 29: Markets Lower on Fed Taper, Emerging Markets Worries
Wednesday, January 29, 2014 - 6:38pm | 2416Read More...U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...
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Electronic Arts Falls 2% After Q3 Beat, Revenue Miss
Tuesday, January 28, 2014 - 5:46pm | 262Read More...Electronic Arts (NASDAQ: EA) is down more than two percent in after hours trading after the company released its third quarter results. The video game publisher initially plummeted more than five percent after the company reported a Q3 EPS of $1.26 versus the Street estimate of $1.23. Earnings...
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Earnings Expectations For The Week Of January 27: Facebook, Google, Apple And More
Monday, January 27, 2014 - 7:56am | 982Read More...The earnings crunch is on this week. Highlights will include reports from Amazon.com, Apple, Boeing, Comcast, Facebook, Google and Yahoo! All of them are expected to report year-over-year growth in per-share earnings. But analysts are looking for declining profits from the likes of Caterpillar,...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...














